Section 133: Annual statement by Chairperson

(1) The Chairperson shall, at the end of every year, submit to the Council a statement showing—

(a) the amount which has been invested during the year under section 131;

(b) the date of the last investment made previous to the submission of the statement;

(c) the aggregate amount of the securities then in his hand; and

(d) the aggregate amount which has up to the date of the statement been applied under section 132, in or towards discharging loans.

(2) Every such statement shall be published in the Official Gazette.

Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.

Supreme Court judgments citing the section 133

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